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the federal gas tax -- let's talk about one tax. the federal gas tax. it goes to the highway trust fund. it hasn't gone up in 20 years. but the cost of road repair and road construction has gone up 55%. >> you don't think a lot more people would drive? >> i think that the gas tax -- >> you think just because it hasn't been touched for 20 years -- >> it is declining revenue source because our cars are more fuel efficient -- >> what about -- >> that's not what we're talking about, we're talking about one thing -- >> no, no, no, that's part of it -- >> you need more money, you have other resource, why to you need more money? >> you do need more because since 2008, the general fund has contributed $41 billion to the federal highway trust fund. you're asking people, you're basically -- drivers are not paying their way -- >> wait, let me just finish one thing -- >> wait, let me -- >> i pay 12 bucks a day. i'm not using up -- >> you don't know that for a fact. we are not paying -- >> so you are for what this congressman -- you're agreeing with a guy who has a
the federal gas tax -- let's talk about one tax. the federal gas tax. it goes to the highway trust fund. it hasn't gone up in 20 years. but the cost of road repair and road construction has gone up 55%. >> you don't think a lot more people would drive? >> i think that the gas tax -- >> you think just because it hasn't been touched for 20 years -- >> it is declining revenue source because our cars are more fuel efficient -- >> what about -- >> that's not what...
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we have tax credits for education. $5,000 tax credit. this is a broad agenda, how we transform communities. it will touch everyone in this city. from the first time they go to school to becoming parents. economic freedom so that will remove government obstacles to success. it will provide a generation of citizens, students, workers with a new bargain, and the government will get underway. it will treat you like an adult. it will treat everyone equally under the law, it will help parents control their children's future and their education, it will help creators have more jobs for workers. it will treat you the same way everyone else, the matter the color of your skin, what part of town you comfort. we have tried the bailouts, excessive taxation. it has not worked. it does not work. we will try a new approach. you can meet your new challenges as you rebuild your cities, it will endure and prevail. i promise you that i will work you do we do that. thank you very much. [applause] >> it is my job to sort hundreds of questions and tried to get
we have tax credits for education. $5,000 tax credit. this is a broad agenda, how we transform communities. it will touch everyone in this city. from the first time they go to school to becoming parents. economic freedom so that will remove government obstacles to success. it will provide a generation of citizens, students, workers with a new bargain, and the government will get underway. it will treat you like an adult. it will treat everyone equally under the law, it will help parents control...
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it has very good tax treatment. >> do you leave a lot to your family? >> that's a very sensitive question, too sensitive to answer. >> i'm taking it all for me. kids, you're on your own. guys, thanks very much. >> that is a dangerous and growing inequality and lack of upward mobility that has jeopardized middle class america's basic market, that if you work hard you have a chance to get ahead. >> president obama this week blasting income inequality, but are his policies to blame. welcome to forbes on fox. let's go in focus with steve forbes and others. steve, have his policies helped or hurt income disparity? >> it's hurt. this is the most miserable recovery in american history. medium incomes are lower than they were five years ago, the uncertainty of obama care, the horrific tax code, less opportunity for people to rise up. >> rick, he is criticizing something that happened under his watch. >> yeah, here's the problem that i have. first of all, and john will love hearing me say this. i'm not sure that government is a big answer. >> we are all happy to
it has very good tax treatment. >> do you leave a lot to your family? >> that's a very sensitive question, too sensitive to answer. >> i'm taking it all for me. kids, you're on your own. guys, thanks very much. >> that is a dangerous and growing inequality and lack of upward mobility that has jeopardized middle class america's basic market, that if you work hard you have a chance to get ahead. >> president obama this week blasting income inequality, but are his...
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i have a constructive suggestion we always get our tax to use the roads. we use the gas tax. back in the old days all the stars at 50 miles to the gallon. if we will tax according damage people use the roads as according to how much gas to use which is what they're really proposing, the people with these high-mileage tabriz should have to pay twice the sales tax as someone with a gas guzzler. is the same where and tear on the roads. what really troubles me is how much they waste the gas tax money. we spend enough on the road, but it gets wasted because of federal money whenever there is federal money involved we have to hire unionized workers. those wages are so out of whack with the market price that we can never afford the roads. melissa: i don't know. uni have been covering this for ever. we always said the only cure for high prices as high prices. they were really high. we did everything we could to fix that, drilling more, driving less, doing all this stuff. the government comes in and picked my pocket anyway. >> i'm telling you. and every mile that we drive right now is
i have a constructive suggestion we always get our tax to use the roads. we use the gas tax. back in the old days all the stars at 50 miles to the gallon. if we will tax according damage people use the roads as according to how much gas to use which is what they're really proposing, the people with these high-mileage tabriz should have to pay twice the sales tax as someone with a gas guzzler. is the same where and tear on the roads. what really troubles me is how much they waste the gas tax...
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tax and spend. if i were the republicans i would do nothing. let the sequester happen. >> what are we on now, three years of rollicking with our fiscal policy. it's interesting just how mum everyone's been as this week wrapped up. so we'll see what happens in the coming days, but it's notable that there isn't a whole lot of speculation. i certainly -- i heard loud and clear what john just said. but beyond that, we don't know. >> well, i think there's no appetite for a shutdown. i agree. but jimmy, i don't know, i'm not sure i really understand the politics here from the republicans side. talk to me. talk to me about this because they have the hand. they hold the ace of the gop. why do they have to mess around with this kind of package? >> since 2009, two amazing things have happened. one, somehow we got almost all of the bush tax cuts extended. that's pretty good and somehow we have had to back-to-back years with the declining spending that's the first time that happened since the korean war. >> whi
tax and spend. if i were the republicans i would do nothing. let the sequester happen. >> what are we on now, three years of rollicking with our fiscal policy. it's interesting just how mum everyone's been as this week wrapped up. so we'll see what happens in the coming days, but it's notable that there isn't a whole lot of speculation. i certainly -- i heard loud and clear what john just said. but beyond that, we don't know. >> well, i think there's no appetite for a shutdown. i...
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>>'m trying to lower taxes for detroit. i don't want to raise taxes. it's hard to come to an agreement. divided government. most likely we'll get another continuing resolution. our country is almost evenly split. republicans and half democrats. what we believe in is very far it's hard to find agreement. debate is good. ust because we're having discussion, that's bad. we've been debating since the beginning of our republic. a good healthy debate is good sometimes. >> several questions around the polarization and the disgust general american public has with that polarization and the grid lock in washington. propose to help heal some of that. >> i think we can, you know, agree to disagree and not necessarily always be disagreeable. some of that is personalities, how we work things out. i think, i t and i, don't know him real well, i fine. we've gotten along i've rid on air force one with him, talking about structure. trying to be supportive. there's various policy issues i haven't attacked him and tried to be supportive on on some of the drug issues. it's
>>'m trying to lower taxes for detroit. i don't want to raise taxes. it's hard to come to an agreement. divided government. most likely we'll get another continuing resolution. our country is almost evenly split. republicans and half democrats. what we believe in is very far it's hard to find agreement. debate is good. ust because we're having discussion, that's bad. we've been debating since the beginning of our republic. a good healthy debate is good sometimes. >> several...
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because those tax credits will trigger tax penalties on employers and individuals in those 34 states that have established the exchange and a number of those employers and individuals including the two states attorneys general in the 15 indiana school districts and a dozen or more private employers and private citizens have filed suit. one of them will have disasters that here in washington dc said there is a remedy for some of these abuses. >> thank you director. i yield back. >> thank you mr. chairman. mr. lazarus, professor rosenkranz has written in "the wall street journal" op-ed pieces abraham lincoln wouldn't approve of the delay and the employer mandate and can extend the habeas corpus. can you comment on the claim that they would disapprove and what about the conscientious decision of habeas corpus by lincoln? >> i read it up with some amusement. i think president lincoln would chuckle between suspending the writ of habeas corpus and the most fundamental guarantee freedom in the whole system is a temporary delay in the implementation of regulation as a part of a very complex
because those tax credits will trigger tax penalties on employers and individuals in those 34 states that have established the exchange and a number of those employers and individuals including the two states attorneys general in the 15 indiana school districts and a dozen or more private employers and private citizens have filed suit. one of them will have disasters that here in washington dc said there is a remedy for some of these abuses. >> thank you director. i yield back. >>...
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tax down to five percent, the personal income tax down to five percent, make the capital gains tax zero, take the payroll tax and bring it down for the employee and the employer. without bringing any new money to detroit, just leaving money in detroit is over a billion dollars that would stimulate detroit's economy. >> basically a flat tax but flat nonetheless. >> absolutely. flat and very low. we also look at regulations and try to get rid of the owner's regulations that's making it expensive for city government and for businesses to locate in detroit. we think if you combine all of this, that it would be the model for how you would rescue cities across the country but any impoverished area. we have impoverished areas in eastern kentucky. we think this same plan would rescue them and parts of louisville and other major cities. >> maybe the country while you're at it. we have had five years of spread the wealth. you didn't build that. share share economics. where has obama failed detroit? >> here's the problem. the president says let me tax houston, send it to washington, then i'll pass
tax down to five percent, the personal income tax down to five percent, make the capital gains tax zero, take the payroll tax and bring it down for the employee and the employer. without bringing any new money to detroit, just leaving money in detroit is over a billion dollars that would stimulate detroit's economy. >> basically a flat tax but flat nonetheless. >> absolutely. flat and very low. we also look at regulations and try to get rid of the owner's regulations that's making...
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property tax because he raises honeybees' he qualifies for the honeybee subsidy. bruce springsteen owns hundreds of acres of land but pays little tax because a an organic farr works his land his pour neighbors pay more. >> i don't get anybody trying to lower taxes but bonn jovi and springsteen publicly supporting for obama holding rallies but then cry tax cuts for their riches and they robbed of poverty programs and a social contract with america being destroyed the middle-class is harmed but then you rob those anti-poverty programs by calling yourself a former? that is the hypocrisy that is frustrating to see why i wrote the book calling of these people on their duplicity. john: one final example some of the activists are so eager to promote anti- capitalist they glamorize people like bill ears -- bill ayers they killed people and bombed buildings and obama held a fund-raiser in bill ayers living room so robert redford came out with a movie based on the weather underground that the terrorists are on the run. >> we'd never be trade any of us all these years. >> i
property tax because he raises honeybees' he qualifies for the honeybee subsidy. bruce springsteen owns hundreds of acres of land but pays little tax because a an organic farr works his land his pour neighbors pay more. >> i don't get anybody trying to lower taxes but bonn jovi and springsteen publicly supporting for obama holding rallies but then cry tax cuts for their riches and they robbed of poverty programs and a social contract with america being destroyed the middle-class is harmed...
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if tax breaks help revitalize a city, what does that tell you? tax increases and increase regulations strangle a city and makes it impossible for it to grow. detroit is rock bottomless. if there's something you can kweez sk squeeze out of that city, you're going to do it. it's time for them to get out and let the republicans have a shot. >> all democrats there were not -- there were a lot of them -- >> they're all in jail, bob. >> if this works and i pray it does work, i'd be willing to say, you're right. low taxes and low regulations help but i'll be the first one to say it. it's a good idea for democrats to stand back and not criticize this right away and say what's our other choice here? >> the republican obama care. >> the free trade zones in texas. >> very quickly, kimberly, there's a bunch of other cities, in fact, the state -- the whole state of illinois is probably in worst shape than the city of detroit. >> that's why i think this is a great platform. it does show he has higher aspirations but i like a man of idea and vision and purpose.
if tax breaks help revitalize a city, what does that tell you? tax increases and increase regulations strangle a city and makes it impossible for it to grow. detroit is rock bottomless. if there's something you can kweez sk squeeze out of that city, you're going to do it. it's time for them to get out and let the republicans have a shot. >> all democrats there were not -- there were a lot of them -- >> they're all in jail, bob. >> if this works and i pray it does work, i'd be...
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it could be extended sales tax as well, i believe, right, scott? so it does not have to be the new one. >> we have modeled out the extension, and what are the assessment and we have calibrated and to put on ranges here and because we are quite sure because we are looking at future values and revenue streams. but the plans will be, and that is the range, and the range of assumptions and in terms of total funding sources. >> okay. >> and the next page. >> a milestone payment, at the end of completion and that is analogous to a down payment and those funding sources were largely a local contributions from the ta and mtc and the golden gate bridge and some cal transfupds. there could be multiple payments halfway through or all of the final and this is the model and we followed the proceedings and the financial model. and the range for the funds for the short term cash infusions for 1.6 and 1.7 billion dollars, and these are critical to the p3 developer and you heard brian talk about the caring costs and you can imagine the caring cost if you are a p3 d
it could be extended sales tax as well, i believe, right, scott? so it does not have to be the new one. >> we have modeled out the extension, and what are the assessment and we have calibrated and to put on ranges here and because we are quite sure because we are looking at future values and revenue streams. but the plans will be, and that is the range, and the range of assumptions and in terms of total funding sources. >> okay. >> and the next page. >> a milestone...
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all about money and i'm actually sick for a politician write the laws and with the tax rate right. here just to what is it a. copy. of. this week's detroit became the largest municipal bankruptcy in u.s. history after a federal judge steven rhodes ruled that the insolvent city was eligible to file now this new ruling opens the door for the motor city to cut billions of dollars in payments owed to city employees retiree's investors and other creditors earlier i spoke with anthony randolph director of economic research at the reason foundation about the city's bankruptcy troubles and i started off by asking him if he felt the judge's decision to greenlight detroit's chapter nine bankruptcy filing was the right thing to do. i do the made the right decision clearly detroit is insolvent and so the bondholders claims that they could raise taxes to pay off the stat or even sell things their assets are there are that they would have enough money from those sales to pay off their debt and still continue forward those arguments were spirits and the idea that detroit is an insolvent is crazy
all about money and i'm actually sick for a politician write the laws and with the tax rate right. here just to what is it a. copy. of. this week's detroit became the largest municipal bankruptcy in u.s. history after a federal judge steven rhodes ruled that the insolvent city was eligible to file now this new ruling opens the door for the motor city to cut billions of dollars in payments owed to city employees retiree's investors and other creditors earlier i spoke with anthony randolph...
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it's going to wind up being taxed on somebody else later. unfortunately, we need them in it. $95, whatever the fine is, they need jail is what happens if you don't do it, because we need 100% of the people under 35 on this plan, subsidizing older people. >> okay. on your christmas table, do you think you'll be talking about this? is that going to convince your nieces and nephews to sign up? >> good lord, no. we talk about how tony romo blew another season for the cowboys most likely. gary b. is chicken little, bernard is a fountain of misinformation. let's break this down. amazon can handle 1 million transactions per minute. this government website can handle 50,000. that's how competent these guys are. these guys are ideologue whos w know nothing about people. they understand they've been sold a bill of goods here, they have been told they can keep their doctor, keep their health plan. they know it's not true. >> let's forget about the website. let's think about, instead, are we going to pay more? >> well, we have to, brenda, look, in berna
it's going to wind up being taxed on somebody else later. unfortunately, we need them in it. $95, whatever the fine is, they need jail is what happens if you don't do it, because we need 100% of the people under 35 on this plan, subsidizing older people. >> okay. on your christmas table, do you think you'll be talking about this? is that going to convince your nieces and nephews to sign up? >> good lord, no. we talk about how tony romo blew another season for the cowboys most...
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or not to tax. what a recent supreme court decision could mean for how much you pay when you shop online. rs. i need more power. give me more power! [ mainframe ] located. ge deep-sea fuel technology. a 50,000-pound, ingeniously wired machine that optimizes raw data to help safely discover and maximize resources in extreme conditions. our current situation seems rather extreme. why can't we maximize our... ready. ♪ brilliant. let's get out of here. warp speed. ♪ so i deserve a small business credit card with amazing rewards. with the spark cash card from capital one, i get 2% cash back on every purchase, every day. i break my back around here. finally someone's recognizing me with unlimited rewards! meetings start at 11, cindy. [ male announcer ] get the spark business card from capital one. choose 2% cash back or double miles on every purchase, every day. what's in your wallet? i need your timesheets, larry! what's in your wallet? [ female announcer ] some people like to pretend a flood could n
or not to tax. what a recent supreme court decision could mean for how much you pay when you shop online. rs. i need more power. give me more power! [ mainframe ] located. ge deep-sea fuel technology. a 50,000-pound, ingeniously wired machine that optimizes raw data to help safely discover and maximize resources in extreme conditions. our current situation seems rather extreme. why can't we maximize our... ready. ♪ brilliant. let's get out of here. warp speed. ♪ so i deserve a small...
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it seems to me that he has the authority to amend the taxes which the affordable healthcare tax is according to the supreme court what is to prevent him from just amending the any tax to his liking. mr. turley weigh in on this if you would. >> i have to agree first of all oon the remark about article on, as i said before it is true that they are all equal branches, but the framers spent most of their time on congress because it is something harder than the madisonian system. it's where the magic happens and that is to take those interests that the strike countries and turned them into a majoritarian compromise. when we get to the issue of taxes, that is one of the most divisive issues facing the country. so when someone comes before the congress and says i want my group to be excluded, it obviously produces a great deal of heat. some people say how about my group, how long should this apply? it is the most divisive issue raised in congress and that is why it was given to the congress so that type of issue would be subject to the transformative process of the legislation. >> so do you belief
it seems to me that he has the authority to amend the taxes which the affordable healthcare tax is according to the supreme court what is to prevent him from just amending the any tax to his liking. mr. turley weigh in on this if you would. >> i have to agree first of all oon the remark about article on, as i said before it is true that they are all equal branches, but the framers spent most of their time on congress because it is something harder than the madisonian system. it's where...
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percent tax, which includes -- >> stephen: 25? a 25 percent tax on a doobaj? >> that's about right, is it not worth it, stephen? >> stephen: it is more tax than toke liberalism in my opinion, why don't you just make it 85 percent and give me your car when you are high. they will never know the difference. take it! >> a certain percentage is definitely going toward the building of schools, i believe it is the first 40 million raised from recreational sales. >> stephen: what were your responsibilities as the pot editor for the denver post be? >> i am hiring a pot critic from colorado, if you know anybody. >> stephen: yeah, yeah, i know a few people but i need them in my editing room. >> you certainly want a reviewer, you want a critic of pot. >> yes. >> stephen: anybody you like? >> i got one via twitter. >> stephen:. >> stephen: dude, i am baked out of my skull. >> you would not be surprised. >> stephen: it gives kids an excuse all over the nation who get caught smoking pot the theyn just tell their parents, mom, i am preparing for
percent tax, which includes -- >> stephen: 25? a 25 percent tax on a doobaj? >> that's about right, is it not worth it, stephen? >> stephen: it is more tax than toke liberalism in my opinion, why don't you just make it 85 percent and give me your car when you are high. they will never know the difference. take it! >> a certain percentage is definitely going toward the building of schools, i believe it is the first 40 million raised from recreational sales. >>...
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raise property taxes is going to drive more citizens and businesses out of the city that you continue to lend to that city over the past decade and expect to get all of your money back is absolutely ridiculous now how would you gauge the reaction of detroit's unions and their willingness to negotiate. i think it's unfortunate i understand their position they're going to start by not negotiating because they want to get the most that they can in the minute that they put a deal on the table it's just going to shift even further from there so i kind of get where they're coming from but i don't think that they're being realistic nor do i think that they're treating their actual pensioners and the active members of their retirement funds well because in the future if detroit gets back in the situation and it's not taking a lot of debt and the only place that has to cut is on benefits then the people who are going to get hurt aren't the leaders of the unions right now but they are the actual retirees in the future if detroit has is completely on stay. well in terms of being able to pay out
raise property taxes is going to drive more citizens and businesses out of the city that you continue to lend to that city over the past decade and expect to get all of your money back is absolutely ridiculous now how would you gauge the reaction of detroit's unions and their willingness to negotiate. i think it's unfortunate i understand their position they're going to start by not negotiating because they want to get the most that they can in the minute that they put a deal on the table it's...
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don't forget how we pay for those benefits through payroll taxes. how crazy is this program? pretax employers for hiring them and pay people not to work? is one of the craziest programs. >> i think there is some truth to your argument that may come as a surprise but there are also factors to be weighed entire sectors were wiped out in the last recession so it is hard to find suitable employment. >> gives the economy and adapt. >> sometimes you need more time to do that and that is why youet more time. >> died nine weeks? , 99 weeks? jedi that should do it if you cannot block did you go work at mcdonald's sadek but they're not be anymore because we will raise the battle waged. [laughter] dennis: it is set to stop talking but i could be a lot of a job here soon. nice job today. what you see it? the question of that i should the government extend unemployment benefits even if that adds to of employment? log on and we will shut -- share the results at the end of the show. more examples of past government god too far? have the problems plaguy obamacare and the white house said the
don't forget how we pay for those benefits through payroll taxes. how crazy is this program? pretax employers for hiring them and pay people not to work? is one of the craziest programs. >> i think there is some truth to your argument that may come as a surprise but there are also factors to be weighed entire sectors were wiped out in the last recession so it is hard to find suitable employment. >> gives the economy and adapt. >> sometimes you need more time to do that and...
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of our economy and we take tax revenues from those people to help people throughout the entire rest of spectrum. >> we billionaires are new york city. whereas new york is yankee stadium with the best seats bought up by bankers who don't even use them. new york is the statue of liberty. closed for a private event. >> jon: that was closed because of hurricane sandy. >> that's what they told you because you were not invited. >> jon: what was the event? >> i can't tell you but it was a secret sex party with masks. i don't know who i was having sex with a woman who looked like sumner redstone with a mask on p. the point is he is going to turn this city into a living hell. >> jon: he's not. all he is doing is adding a half percent tax increase on wealthier residents for pre,-k. >> a living hell. new yorkers traveling underground packed together in urine scented sub terrainan sewage trolleys and line up to eat wet tubes of meat dispensed from soviet era metal carts. ew. >> jon: i think you are describing how most people in new york live right now. [ laughter ] >> what about crime, jon? are
of our economy and we take tax revenues from those people to help people throughout the entire rest of spectrum. >> we billionaires are new york city. whereas new york is yankee stadium with the best seats bought up by bankers who don't even use them. new york is the statue of liberty. closed for a private event. >> jon: that was closed because of hurricane sandy. >> that's what they told you because you were not invited. >> jon: what was the event? >> i can't tell...
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we used to call each other and share ideas on tax reform, on education reform. on getting things done. we love the environment on you can actually achieve results. that's the great thing of being a governor. i look at so many of the members of the utah state legislature who are here. and with each one of them, i can tell you stories about how we were able to get things done and the can-do attitude. it was remarkable. joe then went on to the senate and became terribly frustrated with the culture that existed on capitol hill, something that evan knows a lot about. i went on to china to become our senior diplomat running the embassy there. and we kind of regrouped a little bit later when joe and nancy jacobson, who was the power behind no labels initially came and said would you like to become part of the o labels movement. what on earth is no labels? is it a third party effort to kind of ship wreck the republicans and the democrats. is it a bunch of mushy moderates to get together to take over the world? none of the above. come to find that it is a group that resp
we used to call each other and share ideas on tax reform, on education reform. on getting things done. we love the environment on you can actually achieve results. that's the great thing of being a governor. i look at so many of the members of the utah state legislature who are here. and with each one of them, i can tell you stories about how we were able to get things done and the can-do attitude. it was remarkable. joe then went on to the senate and became terribly frustrated with the culture...
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but what i'm worried about is moreoney from medicaid doubling the gas tax because we need more money, it's sort of the same theme. just throw more money at them. without accounting for the money we have already committed. and we keep doing it. >> we keep doing it because specialists special interest groups benefit. medicare and medicaid benefit and it's basically a way of artificially increasing demand and increasing the third-party payer which will lead to a lot more utilization of healthcare services in ways that there is no cost effectiveness order intelligent allocation of resources. and you're going to overprice your productsecause you know that consumers don't care and in this case american taxpayers. they are paying the bill. it's a cause some of what is going on with government inthe health care sector generally. but as i said, i'm tryin to be optimistic and this might be the example that people need with genuine medicaid reform, do what was then the ryan budget. let's block this program back to the state. at least as new york ste wants to waste money, only they will pick up t
but what i'm worried about is moreoney from medicaid doubling the gas tax because we need more money, it's sort of the same theme. just throw more money at them. without accounting for the money we have already committed. and we keep doing it. >> we keep doing it because specialists special interest groups benefit. medicare and medicaid benefit and it's basically a way of artificially increasing demand and increasing the third-party payer which will lead to a lot more utilization of...
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do you file separate tax returns? >> yes. >> are you allowed, since you have a loss on your large tech business and your small software business versus your restaurant -- can you write that loss off against your restaurant? >> no, they are separate. >> what happened to business aggregation? , there is a significant administrative burden comes -- burden that comes with operating both entities. tothe policy would be able provide the health care. would be able to horseshoe the ability to provide health care. we just heard comment that there small businesses are not hiring as a result of the implementation of the president's affordable health jobsact, no affect on hired. is that your experience? >> no, it is not. >> would anyone else like to comment? >> no, it is not. i see it in small and large businesses. >> businesses are not hiring because of the affordable care act? >> i believe it is draining resources from the companies that would be otherwise going to grow the business. >> very interesting. we are dealing with the
do you file separate tax returns? >> yes. >> are you allowed, since you have a loss on your large tech business and your small software business versus your restaurant -- can you write that loss off against your restaurant? >> no, they are separate. >> what happened to business aggregation? , there is a significant administrative burden comes -- burden that comes with operating both entities. tothe policy would be able provide the health care. would be able to horseshoe...
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but the left wants more spending and even higher taxes. simply put, the big government spending machine has not helped the economy very much. but again, liberal theory trumps results. >> the idea that so many children are born into poverty in the wealthiest nation on earth is heartbreaking enough, but the idea that a child may never be able to escape that poverty because she lacks a decent education or health care or a community that views her future as their own? that should offend all of us. >> well, it certainly offends me. if children are not getting a good education or do not have proper health care, i'm offended. but you cannot bankrupt the entire nation on some ideological quest for income equality. in a capitalistic system, that's impossible. a "wall street journal" editorial yesterday was blunt -- "mr. obama returned to his favorite theme of rising income inequality. he ought to know since few presidents have done more to increase inequality than he has. median household income has fallen since the economic recovery began, while t
but the left wants more spending and even higher taxes. simply put, the big government spending machine has not helped the economy very much. but again, liberal theory trumps results. >> the idea that so many children are born into poverty in the wealthiest nation on earth is heartbreaking enough, but the idea that a child may never be able to escape that poverty because she lacks a decent education or health care or a community that views her future as their own? that should offend all...
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why would we need more corporate profiteering, lower taxes, and less government investment? >> so i think also there's a consensus position around the fact that government should be involved in building roads and post offices. nobody's objecting to that, right? >>> well, some of the libertarians are. >> not really. if the only thing the government did was build highways i think libertarians like rand paul would be very happy. right? but that's a fraction of the federal government -- >> why we can't get a transportation bill passed. traditionally, that -- i think he's correct in this sense. that's traditionally been the position i think of a lot of mainstream conservatives. but what i've seen as a departure, a departure from the idea that we held in this country that it was a combination of government and the private sector, not government versus, government against. and we had a debate about the degree, the extent, the roles, the responsibilities. i see a different kind of debate where either the government is all friend or all foe or the private sector is all friend and all
why would we need more corporate profiteering, lower taxes, and less government investment? >> so i think also there's a consensus position around the fact that government should be involved in building roads and post offices. nobody's objecting to that, right? >>> well, some of the libertarians are. >> not really. if the only thing the government did was build highways i think libertarians like rand paul would be very happy. right? but that's a fraction of the federal...
SFGTV: San Francisco Government Television
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place, formation legislation, that will set the rate and method of aportion for the special property taxes and they are taking the lead on that and the plan is to introduce that legislation some time in the next few months, and in addition to the reasons that maria was mentioning we thought that now was an appropriate time to provide the. and the plan going forward, and potential revenue sources and the project delivery methods that we are looking at. we are going to run through the dtx and did a status update on the award that was so far and we talked about the delivery options and we will give a quick refresher of the memorandum of understanding that was signed back in 2012 and because that is the basis for some of the revenue sources that potential revenue sources that you are going to see that could be used for a p3 and then will end with an overview of what our research has found so far in terms of the potential of the p3, for this project. and maria just ran through the list of the stake hold theirs we will be meeting with and providing the update that you are about to get. and to ge
place, formation legislation, that will set the rate and method of aportion for the special property taxes and they are taking the lead on that and the plan is to introduce that legislation some time in the next few months, and in addition to the reasons that maria was mentioning we thought that now was an appropriate time to provide the. and the plan going forward, and potential revenue sources and the project delivery methods that we are looking at. we are going to run through the dtx and did...
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tax increases, spending increases at the federal level. so many possibility it is difficult to disentangle-- >> is it really had a hard if millions of people have more money to spend we don't know what the effect will be? >> sure' we're talking about 300 million people and 15 million would be independentin benefitingfrom the wage increas. so in the context it will b be a small number. >> we are it will be a shot in the arm to the macro-economy, but it won't be huge. it would shift $35 billion to minimum wage workers. so the economy is 15 trillion-dollar. so it will generate jobs when those people will spend that money. but it's not a jobs program. it's a wage program. that increase, that economic activity, those people will spend that money. it will increase the amount for foods and services. who produces the goods and services? more workers, more workers will be willneed to be hired. >> and richard, help me out here. will you be less reluctant to add another worker or two on a shift if your marginal costs per hour have gone up 10% to 25%?
tax increases, spending increases at the federal level. so many possibility it is difficult to disentangle-- >> is it really had a hard if millions of people have more money to spend we don't know what the effect will be? >> sure' we're talking about 300 million people and 15 million would be independentin benefitingfrom the wage increas. so in the context it will b be a small number. >> we are it will be a shot in the arm to the macro-economy, but it won't be huge. it would...
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next they'll tax the reindeer outside. what's next? >> we have extreme weather alert, at least 11 people are dead after a winter storm packed with snow, ice and surprisingly cold temperatures descended on the united states. ice, sleet and snow in parts of texas caused several accidents, power outages and flight cancellations. >> check out this video out of duluth, minnesota. an eerie steam effect on lake superior. this happens when the water temperature is warmer than the air. over the past week duluth got almost 3 feet of snow. rick reichmuth is standing by, a tweet from murray holderman in montana. he says it's negative 13 right now. >> yeah, warm. >> negative 13. >> better than glass cow where it's minus 32. >> in montana. the cold is extreme. the temperatures in the far northern rockies and plains seems crazy cold and it is for that area but it's crazy cold to the south. you're 1 degrees in midland, texas, and 21 in dallas and 4 in amarillo. factor in the wind, it feels colder than that. feels like minus 8 in amarillo, texas. it gi
next they'll tax the reindeer outside. what's next? >> we have extreme weather alert, at least 11 people are dead after a winter storm packed with snow, ice and surprisingly cold temperatures descended on the united states. ice, sleet and snow in parts of texas caused several accidents, power outages and flight cancellations. >> check out this video out of duluth, minnesota. an eerie steam effect on lake superior. this happens when the water temperature is warmer than the air. over...
SFGTV: San Francisco Government Television
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i'm glad you're getting the tax credits and it's important. i would maybe request if at some point we could get drawings because this passage was
i'm glad you're getting the tax credits and it's important. i would maybe request if at some point we could get drawings because this passage was
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they have taxes and fire departments and local governments. >> some people say it could be a tax haven. it 345e nai notit may not be un. >> we do not anticipate we will flacflag the vessel under u.s. l have police force and fire protection and amenities that you need to provide in a land based city. there will not be real estate taxes but we need a revenue stream to provide for the services of the fuel and the crew and those will be dobb done condcondominium maintenance fee. we'll derrive fee basis for the commercial units that wil provie the safety and security of the ship and fuel and crews salaries as well. we have a social media question. >> maybe you can pick up the garbage floating in the sea and build a city on that. how will the ship be powered? do you have plans to build green? >> we have a fair amount of technology. it's going to be a showcase of environmental and green technology. and request respect to the blow propulsion they're electronic motors and we would require 100 bhaise100based on our tonnage. we are going to have incinerator toilets and we'll be very green and we'
they have taxes and fire departments and local governments. >> some people say it could be a tax haven. it 345e nai notit may not be un. >> we do not anticipate we will flacflag the vessel under u.s. l have police force and fire protection and amenities that you need to provide in a land based city. there will not be real estate taxes but we need a revenue stream to provide for the services of the fuel and the crew and those will be dobb done condcondominium maintenance fee. we'll...
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we have tax policies. all of which has contributed to, and workers policies, union policies, labor policies. all of which have been directed to channels for helping those at the very top. and there's no question about it. it's worked. >> go ahead. >> and we're going to pick up on that in just a minutement but we are going to take a short break right now. pick up on this and let david have a chance to weigh in. but right now we are going to take a short break to allow your public television >> woodruff: and we are back now with mark shields and david brooks. all right, where were we? we were talking about income inequality. mark was, i asked both of you about the president saying this week he wants to devote the rest of his time in office to trying to do something about income inequality in this country. >> well, it's one of the big major issues, so that's a good idea. i agree with mark i thought it was an excellent speech. it was a little lacking in agenda items, realistically, because there is not that mu
we have tax policies. all of which has contributed to, and workers policies, union policies, labor policies. all of which have been directed to channels for helping those at the very top. and there's no question about it. it's worked. >> go ahead. >> and we're going to pick up on that in just a minutement but we are going to take a short break right now. pick up on this and let david have a chance to weigh in. but right now we are going to take a short break to allow your public...
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so maybe the gas tax money goes to the same places a social security trust fund and we say that we are trying to get to the bottom of this. if you can account for all of this, then you can make a credible argument. >> this is a good for you segment and the point is there is no accountability. you snd billions on education and you know how dumb our kids are. maybe not yours two i can't lecture. because i useto put a number in front of the decimal point. >> but we are doing hundreds of billions of dollars in and the more we spend on education, thhe words the test scores dead in the more that we on poverty programs, the more we spend on ads come the worse the poverty programs and roads get. insidethe beltway they live and talk to themselves. republicans are the same way. >> absolutely. >> there is no bottom line, just a bottomless pit. >> if you allate the sons, you and i can question this and then followed it. where's that money going? >> how many times will we see an incredible job that all of the others have in handling the crowds. and at the me time you see this website the obamacare
so maybe the gas tax money goes to the same places a social security trust fund and we say that we are trying to get to the bottom of this. if you can account for all of this, then you can make a credible argument. >> this is a good for you segment and the point is there is no accountability. you snd billions on education and you know how dumb our kids are. maybe not yours two i can't lecture. because i useto put a number in front of the decimal point. >> but we are doing hundreds...
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the revenues have come in, in part, because of the tax hikes which created less damage. the fact is washington getting out of the way is a pre-condition for the private sector. >> i'll let austan weigh in on that. 92,000 federal jobs lost overall this year. do you think washington in action and sequester is hurting holding back the growth? >> it is holding back the growth. i thought it would hold back growth more than it did. i think most of the private sector who look at the economy for 2013 say that the austerity and the fiscal drag cut at least one point or almost two points off the system. i think austerity did not help the growth rate. >> i figured you would be opposite sides of the fence. >> 1% of the 1.5% is the tax hike. 1% of the drag this year out of the 1.5. >> i agree with that. >> meantime, signs this week that maybe i don't know, maybe the bailout -- automakers may be worth it. gm and chrysler, double digit numbers. treasury department planning to sell the last of its stock in gm by the end of the year. so interesting to me. do you think this proves what wa
the revenues have come in, in part, because of the tax hikes which created less damage. the fact is washington getting out of the way is a pre-condition for the private sector. >> i'll let austan weigh in on that. 92,000 federal jobs lost overall this year. do you think washington in action and sequester is hurting holding back the growth? >> it is holding back the growth. i thought it would hold back growth more than it did. i think most of the private sector who look at the...
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is in trouble is because this economic crisis has made so many people only employed only able to pay taxes while a small percentage get very wealthy everyone knows that go in after those people to raise the money they can best bill ford to do what's right by the people of this country or else you're driving a wedge inside the united states that we will all come to regret in the years ahead absolutely it is a false dichotomy thanks for breaking through that richard wall for columnist professor emeritus at university of massachusetts thanks so much. thank you. both guys it's about that time for viewer feedback starting with the you tube there is road over two hundred eighty episodes bt has done your feedback about nine or eight times and you spend roughly a minute to a minute a half on the segment b.t.s. going to spend on average a minute on the viewer feedback segment why can't they do it more often since it's averaging viewer feedback every thirty one point five episodes wow thank you so much for doing the math and since it means so much to you this is for you man we want to james alexande
is in trouble is because this economic crisis has made so many people only employed only able to pay taxes while a small percentage get very wealthy everyone knows that go in after those people to raise the money they can best bill ford to do what's right by the people of this country or else you're driving a wedge inside the united states that we will all come to regret in the years ahead absolutely it is a false dichotomy thanks for breaking through that richard wall for columnist professor...
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advantage tax savings plan. ♪ >>> they came out of the gate last week and led the giants 14-0 in the first half. welcome to "redskins showtime" i'm chick hernandez. after a season-long drought in the first quarter the
advantage tax savings plan. ♪ >>> they came out of the gate last week and led the giants 14-0 in the first half. welcome to "redskins showtime" i'm chick hernandez. after a season-long drought in the first quarter the
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the way to get it working again is to lower taxes. increase domestic energy production and that policy could really be revamped. it's really a shame. workers are poised to create a lot of new jobs. they have the capital to do so. the number one reason they're not doing it is because of the obama care mess. they'll have a wait and see attitude, see if they'll add workers full time or hire new workers and actually quite the opposite, laying people off and keeping them below full time until this obama care problem is solved. >> i'm going to give you a moment to respond there. let me jump in there. where rick leaves off. of course we know a steady climb in employment is better than being stagnant. apart from what rick is considering obama care as a blocker, what would you say are some of the blockers that are preventing more robust job growth to the point where we have that happy days are here feeling that permeates the air? >> i don't think obama care is the thing that is doing it because frankly i think most larger groups, corporations
the way to get it working again is to lower taxes. increase domestic energy production and that policy could really be revamped. it's really a shame. workers are poised to create a lot of new jobs. they have the capital to do so. the number one reason they're not doing it is because of the obama care mess. they'll have a wait and see attitude, see if they'll add workers full time or hire new workers and actually quite the opposite, laying people off and keeping them below full time until this...
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. >> she was told you need a license to help people with taxes. >> free enterprise is at stake. >> this man after selling t-shirts here for 30 yyars was told you must stop. this is just the rules from friday, december 16th. tiny fine print here. >> yep. >> every day is another book. and you have to know everything in here or you can go to jail? >> that's right. here i am a constitutional lawyer and i have no idea what is in these books. >> each and every one of these is incomprehensible. >> and unnecessary. i flip open this book, this is department of energy regulations on the formula for determining the energy efficiency of a commercial ice maker. somebody that runs a bar or restaurant can go to the manufacturer, say give me an ice maker. if it works, the market says what's the best -- >> we don't need reviews. >> we don't need the federal government printing mathematical formulas, requiring everybody to conform to this sort of bizarre bureaucratic standard. >> i keep every day getting more of this stuff. >> and it doesn't go away. >> like a disease. like a mold. seeps through slowly a
. >> she was told you need a license to help people with taxes. >> free enterprise is at stake. >> this man after selling t-shirts here for 30 yyars was told you must stop. this is just the rules from friday, december 16th. tiny fine print here. >> yep. >> every day is another book. and you have to know everything in here or you can go to jail? >> that's right. here i am a constitutional lawyer and i have no idea what is in these books. >> each and...
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it would not involve any new tax increases or any major entitlement reforms. even at smaller deal is going to be challenge. they have their own set of issues and critics. one idea is the aviation security fee, hitting a passengers every time if i. the airlines don't like that. they want to see workers contribute more to their retirement plans. democrats don't like that, particularly in maryland and virginia. is timeblicans think it to and some of the benefits. if they can't reach a deal by friday, john boehner may kick the can down the road and pass a temporary spending deal that will get past the holidays. nobody like that option. but it is better than the alternative. back to you. >> tonight on political capital with al hunt, former secretary of state, dr. madeleine andight, will discuss china iran. up next, business competition can be a contact sport. we will meet one ceo who was taken a challenge literally. she takes on her rivals and elbow pads and skates and the pack -- in the fast-paced world of roller derby. that and more when bottom line continues in
it would not involve any new tax increases or any major entitlement reforms. even at smaller deal is going to be challenge. they have their own set of issues and critics. one idea is the aviation security fee, hitting a passengers every time if i. the airlines don't like that. they want to see workers contribute more to their retirement plans. democrats don't like that, particularly in maryland and virginia. is timeblicans think it to and some of the benefits. if they can't reach a deal by...
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you can get tax-free money from the equity in your home. you can use the money to pay off your current mortgage if you have one. the remaining money can be used for anything. there's no monthly mortgage payments. and you still own your home! call today to get your free guide and dvd. it explains how a government-insured reverse mortgage works. there's no obligation. one reverse mortgage is a quicken loans company. their licensed experts can answer all your questions. call to find out what a great solution this can be. don't wait, call now! >>> he is a man who shows what sacrifice, discipline can do. many men in the 20th and 21st century were famous. few are great. nelson mandela became one of the greatest. >> we end today with a thought on nelson mandela. sometimes we do something unfortunate when truly transformational people die. we allow the lives and legacies to be perverted and hijacked. we say nothing when the memories are distorted when what they say and stood for is twisted or ignored. when the prisoner turned president turned peace
you can get tax-free money from the equity in your home. you can use the money to pay off your current mortgage if you have one. the remaining money can be used for anything. there's no monthly mortgage payments. and you still own your home! call today to get your free guide and dvd. it explains how a government-insured reverse mortgage works. there's no obligation. one reverse mortgage is a quicken loans company. their licensed experts can answer all your questions. call to find out what a...